Mumbai, Mar 6 (PTI) The rupee stayed range-bound throughout the session on Friday and ended 6 paise lower at 91.70 (provisional) against the US dollar, resisting pressure from inflated crude oil prices and suspected RBI intervention. According to forex experts, heavy selling
New Delhi, Oct 20 (PTI) Reserve Bank Governor Shaktikanta Das on Friday said interest rate will remain high at the moment, and only time will tell for how long it remains at elevated level. In the wake of the ongoing geopolitical crisis,
NEW DELHI, Oct 19 (Reuters) – The India on Thursday decided to allow restriction-free imports of laptops and tablets, and launched a new system of “authorisation” aimed at monitoring shipments of such hardware without hurting market supply. The new “import management system”
MUMBAI, Oct 19 (Reuters) – The RBI (Reserve Bank of India) is likely selling U.S. dollars again to defend the rupee and keep it from sliding to a record low, three traders told Reuters on Thursday. The rupee was at 83.2650 against
New Delhi, Oct 18 (PTI) Railway employees will receive a bonus equivalent to their 78 days’ salaries, a move that will benefit more than 11.07 lakh non-gazetted staff of the national transporter, the government announced on Wednesday. “The Union Cabinet, chaired by
